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S. 3097

Introduced

Main Street Growth Act

Introduced 10/28/2021•117th Congress•Senate

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held.

4/5/2022 • Senate

Summary

Main Street Growth Act

This bill allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange.

The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.

Introduced in Senate • 10/28/2021

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Topics & Subjects

Banking and financial institutions regulationBusiness investment and capitalExecutive agency funding and structureGovernment information and archivesLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

S[
Sen. Kennedy, John [R-LA]

Republican • LA

Sponsored 10/28/2021

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the Senate

Introduced

October 28, 2021

Committee Review

April 5, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate10/28/2021

Details

Bill TypeS
Current StatusIntroduced
Cosponsors0